Need Help?

Need professional advice for your consent to let with Loughborough Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Loughborough Building Society Consent to Lease Example Support Desk Enquires

  • I have a residential mortgage with Loughborough Building Society and will be joining the Royal Fleet Auxiliary in March. This is a civilian manned fleet run by the Ministry of Defence. I will be at sea four months on and three months in the UK. During my time away I want to rent out my house in Havering and live with my brother when on shore. I am confident that my rental income would cover my monthly repayments. Can you help?
  • I am interested to know how difficult it would be to get consent to let from Loughborough Building Society. I'm intending to opt for a fixed homeowner mortgage and plan to reside at the property but would like to know my options if work has opportunities elsewhere for instance within 2 or 3 yrs Please let me know how challenging it is in your experience with Loughborough Building Society?
  • I applied for consent but was refused as I did a remortgage in May but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some other criteria that will not be ok. As a backup plan I can remortgage with Loughborough Building Society but will they give me consent straight away?
  • We are currently in NYC and renting out our apartment in Havering. This is not something we planned but an opportunity arose and we took it. The rent we make on the apartment is not enough to cover the mortgage so we send back money each month to cover the difference. Last week I got a letter in the mail from our lender telling me that as the property is being let out and has been for almost three years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell up but this will be difficult as I am so far away. Could we remortgage with Loughborough Building Society and get consent to let?
  • The prevailing mortgage is with Loughborough Building Society, but I will soon to need move out for approximately a year as we need to be nearer to my wife’s mother. Will Loughborough Building Society grant consent to let?
  • I took a residential mortgage with Loughborough Building Society, and I would like to rent the property out, until I decide whether to sell or retain it as an investment. At the moment I am on the fixed rate. Will I need to remortgage? I.E. buy to let?
  • I am after more information concerning consent to let mortgages, potentially transferring our existing mortgage with Loughborough Building Society across to a consent to let one.
  • I would like to rent out my home to be closer to my daughter's college and look after of my father. What do I need for the application of consent to let from Loughborough Building Society?